Exhibition Inquisition

The stuff you look at, but don't see.

Posts Tagged ‘Annenberg Space for Photography

Chapter 2 (Part 3): Venture Philanthropy & Other Styles of Giving

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“Andrew Carnegie said, ‘He who dies with wealth dies in shame.’ And someone once said, ‘He who gives while he lives also knows where it goes.’”[i]Eli Broad

Eli Broad’s power is tolerated because it remains remarkably unchallenged. This seemingly monopoly of philanthropic power led Christopher Knight to compare Broad to another infamous, Los Angeles art patron:

[Norton] Simon’s flirtations with giving [his] collection away (to at least seven institutions); distrust of traditional museum management; engineering of a bailout of an artistically adventuresome but financially faltering institution (the old Pasadena Museum for Simon, MOCA for Broad); later deciding to open his own museum, and more…[ii]

Another similarity to Broad: Before Norton Simon’s takeover of the Pasadena Art Museum, Simon had intended to establish his collection as a lending organization. Taking control of the Pasadena Art Museum proved irresistible to Simon, and today the Norton Simon Museum rarely loans works.  I seriously doubt unfounded rumors that Broad has some kind of evil master plan to takeover or somehow combine his collections with MOCA.

Walter De Maria's "The 2000 Sculpture" installed in the Resnick Pavilion.

Walter De Maria’s “The 2000 Sculpture” installed in the Resnick Pavilion.

Broad can also be measured to his contemporaries. Los Angeles is not actually a one-philanthropist town.  “Pomegranate QueenLynda Resnick is an easy comparison.  Like Broad, Resnick is a long-time donor and trustee of LACMA.  Like Broad, she and her husband provided funds ($54 million) for a Renzo-Piano-designed building at LACMA.  The Lynda and Stuart Resnick Pavilion was part of Phase 2 of LACMA’s Transformation and sits directly north of BCAM.  When the pavilion opened in October of 2010, one of three inaugural shows was gleaned from the Resnick’s private collection.

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